Special Relief Facility-i
The Special Relief Facility-i (SRF-i), with an allocation of RM5 Billion initiated by Bank Negara Malaysia (BNM) aims to alleviate and assist SMEs affected by the recent COVID-19 outbreak.
| Purpose of Financing | Working capital |
|---|---|
| Maximum Financing Amount | RM1 million |
| Financing rate | The effective profit rate is up to 3.50% per annum |
| Collateral | No collateral shall be required from SMEs |
| Guarantee Coverage | Up to 80% guarantee coverage by Credit Guarantee Corporation or Syarikat Jaminan Pembiayaan Perniagaan |
| Tenure | Up to 5.5 years including a moratorium period of 6 months |
Other financial assistance are available for SMEs that might be suitable for your business
- All Economic Sector
Purpose of Financing - Capital expenditures
- Working capital.
Maximum Financing Amount RM5 million Financing rate Up to 7% per annum until 31 December 2020 Guarantee Guarantee coverage from Credit Guarantee Corporation Malaysia (CGC) or Syarikat Jaminan Pembiayaan Perniagaan (SJPP) Tenure Up to 5 years - Automation and Digitalisation Facility (ADF)
Purpose of Financing Purchase of equipment, machinery, computer hardware and software, IT solutions and services, technology support services and other intangible assets to enhance productivity and efficiency. Maximum Financing Amount RM3 million Financing rate Up to 4.00% per annum Guarantee Guarantee coverage from Credit Guarantee Corporation Malaysia (CGC) or Syarikat Jaminan Pembiayaan Perniagaan (SJPP) Tenure Up to 10 years - Agrofood Facility (AF)
Purpose of Financing - Capital expenditures
- Working capital.
- Development of Agrofood projects.
Maximum Financing Amount RM5 million Financing rate up to 3.75% per annum Guarantee Guarantee coverage from Credit Guarantee Corporation Malaysia (CGC) or Syarikat Jaminan Pembiayaan Perniagaan (SJPP) Tenure Up to 8 years - Micro Enterprises Facility (MEF)
Purpose of Financing The financing is obtained under Skim Pembiayaan Mikro for: - Capital expenditures; or/and
- Working capital.
Maximum Financing Amount Up to RM50,000 Collateral No collateral shall be imposed Guarantee Guarantee coverage from Credit Guarantee Corporation Malaysia (CGC) or Syarikat Jaminan Pembiayaan Perniagaan (SJPP) Tenure Up to 5 years
The above facilities are available until 31 December 2020. For more information, please contact any of the following Relationship Managers:
| NAME OF RM | POSITION | PHONE NUMBER | EMAIL ADDRESS |
|---|---|---|---|
| Muhamad Azmir Bin Azhar | Relationship Manager | 014-302 9737 | muhamad.azmir@mbsbbank.com |
| Mohd Yusof Bin. A Rahman | Relationship Manager | 016-665 3846 | mohdyusof@mbsbbank.com |
| Farah Binti Jaafar Siddiq | Relationship Manager | 019-393 9341 | farah@mbsbbank.com |
| Nur Nadzirah Binti Muhammad Ridzuan | Relationship Manager | 019-265 1484 | nur.nadzirah@mbsbbank.com |
| Muhammad Farith Bin. Bakri | Relationship Manager | 011-1120 5626 | muhammad.farith@mbsbbank.com |